The Brokerage

Opportunity · TB-1119

B2B facilities maintenance contractor, North West

Business services · Facilities management · North West

Exit ReadyVerified Business

Business name withheld until information release is approved.

Business summary

A commercial facilities maintenance contractor delivering planned and reactive works to retail, education and public-sector estates across the North West. Revenue is predominantly contracted, with a directly employed engineering workforce and a 24-hour response desk.

The business holds framework positions on three public-sector buying arrangements and services approximately 900 sites under planned maintenance schedules. Reactive work is dispatched from an in-house helpdesk operating a 24-hour rota. Engineers are directly employed rather than subcontracted, which underpins both margin and service consistency. The contract book renews on a rolling annual basis with historic retention above 90%.

Financial summary

Figures are as presented by the seller and reviewed by The Brokerage.

Turnover band
£2m–£5m
Turnover
£4,320,000
EBITDA
£548,000
Adjusted EBITDA
£611,000
Guide price
Price on application
Price basis
Enterprise value, cash-free debt-free

Three-year summary

2024 — turnover £4.32m, EBITDA £0.55m 2023 — turnover £3.88m, EBITDA £0.47m 2022 — turnover £3.41m, EBITDA £0.39m

Recurring / contracted revenue

81% under rolling planned maintenance contracts

Investment highlights

  • 81% of revenue under rolling planned maintenance contracts
  • Contract retention above 90% over five years
  • Directly employed engineering workforce of 62
  • Three public-sector framework positions held
  • No customer exceeding 15% of turnover

Transaction

Preferred transaction type
Full sale
Reason for sale
The two founding shareholders wish to realise value and hand the business to a group able to fund regional expansion.
Owner post-sale intention
One shareholder would consider remaining in an operational role; the other seeks a clean exit.
Growth opportunities
The existing helpdesk and compliance infrastructure could absorb a further £1.5m of contracted revenue without additional overhead. Two adjacent regions are served opportunistically and have never been targeted.

Controlled information

Further information exists and is held back. Release follows an information request, and may require further approval and an NDA.

Business identity and trading address

Registered legal name, company number and full address.

Detailed financial information

Statutory accounts, management information and the adjustment narrative.

Customer concentration

Named customers, contract terms and revenue distribution.

Key staff and contracts

Management structure, key personnel and material agreements.

Supporting documents

Seller-supplied documentation released through the Deal Room.

Opportunity record

Reference
TB-1119
Region
North West
Business type
Private limited company
Trading tenure
10–20 years
Employees
51–100